Socony-Vacuum Oil Co. Inc - Stock Certificate
Inv# OS1060 Stock
American Bank Note Company. Scarce! Mobil, formerly recognized as the Socony-Vacuum Oil Company, is a prominent American oil enterprise that merged with Exxon in 1999, resulting in the establishment of a parent company named ExxonMobil. It was once part of the Seven Sisters, which held significant influence over the global petroleum sector from the mid-1940s until the 1970s. Currently, Mobil remains a key brand within the merged entity and continues to operate gas stations, often alongside its own convenience store or On the Run. The previous Mobil headquarters located in Fairfax County, Virginia, served as ExxonMobil's downstream headquarters until 2015, when the company relocated its employees to a new corporate campus in Spring, Texas. In the aftermath of the dissolution of Standard Oil in 1911, the Standard Oil Company of New York, also known as Socony, was established, along with 33 other successor firms. In 1920, the company secured the trademark for the name "Mobiloil."
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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